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Business Developments & Projects

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Brage platform; Source: OKEA
Business Developments & Projects

New operator taking the helm at North Sea oil & gas discovery

OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.

about 3 years ago
Illustration/Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Business Developments & Projects

British tidal energy specialist to provide technical advice for projects in Indonesia

British tidal energy specialist SBS has signed a contract with Indonesia’s state-owned Prima Layanan Nasional Enjiniring (PLNE) for the provision of technical advice for tidal energy projects in the world’s largest archipelagic state.

about 3 years ago
Preparation works for cable installation at PacWave site about to kick off
Business Developments & Projects

Preparation works for cable installation at PacWave site about to kick off

Oregon State University has shared the latest updates and the upcoming steps in the construction PacWave South site, the first full-scale wave energy test facility in the United States. The PacWave South project in Seal Rock, Oregon, will be the first pre-permitted, full-scale test facility for wave

about 3 years ago
Ocean Endeavor rig; Source: Diamond Offshore
Business Developments & Projects

New rig deals bolster day rates and lift Diamond Offshore’s backlog to $1.6 billion

Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico, the UK, and Senegal.

about 3 years ago
New Times Shipbuilding Himalaya
Business Developments & Projects

Himalaya Shipping CEO: We have the right ships at the right time

Bermuda-based shipping company Himalaya Shipping, a rising star in the dry bulk industry, is well on its way on its transition path into a fully operational company, thanks to timely investments in the ‘right ships’. One of the key highlights of the first half of 2023 for the company was the deliver

about 3 years ago
shipping
Business Developments & Projects

Association of Panamanian Shipowners joins ICS

The Association of Panamanian Shipowners (ARPA) has become an associate member of the International Chamber of Shipping (ICS). Launched in 2020, ARPA was created by shipowners and operators of vessels to strengthen Panama’s shipping industry. This membership will build on the relationships across th

about 3 years ago
HydrogenPro revises business strategy, appoints new CEO
Business Developments & Projects

HydrogenPro revises business strategy, appoints new CEO

HydrogenPro, a Norwegian technology company and an OEM for high-pressure alkaline electrolyzers, has announced that the company will take a new strategic business direction. The company said: “The plan for building capacity in the U.S. stays firm, but with the current market sentiment, raising fundi

about 3 years ago
containership
Business Developments & Projects

Port of Valencia issues tender for shore power installation

The Port Authority of Valencia (APV) has put out to tender the drafting and execution of the works for the electrical connection to ships for the Transversal Costa-MSC quay.

about 3 years ago
Valaris DS-14 drillship; Source: Valaris
Business Developments & Projects

Valaris undertakes $400 million private placement to fund acquisition of two drillships

Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.

about 3 years ago
Lloyd’s Register awards UK first approval for remote inspection techniques
Business Developments & Projects

Lloyd’s Register awards first UK approval for remote inspection techniques

Lloyd’s Register has awarded Aberdeen-based 3D scanning company Viewport3 with the first UK approval for remote inspection techniques using underwater photogrammetry. “It is a huge honour for a small company like Viewport3 to receive such a credible certification. Our team are absolutely delighted t

about 3 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd, DB Schenker ink biofuel-powered transport deal

German liner major Hapag-Lloyd has entered into a partnership with compatriot logistics provider DB Schenker for emission-reduced container transports with waste- and residue-based biofuel. The deal follows the launch of Hapag-Lloyd’s “Ship Green” product in May enabling customers to transport their

about 3 years ago
Zvezda launches new LNG carrier for Novatek’s Arctic LNG 2 project
Business Developments & Projects

Zvezda launches new LNG carrier for Novatek’s Arctic LNG 2 project

Russian shipyard Zvezda Shipbuilding Complex has launched a new ice-class ARC7 LNG carrier for the Arctic LNG 2 project. According to Zvezda, the vessel was named Sergei Witte and has a capacity of 172,600 m3. It is the third unit in a series of fifteen LNG carriers ordered by Sovcomflot and being b

about 3 years ago
PortNola
Business Developments & Projects

Port NOLA hit with lawsuit aiming to halt construction of its new $1.8 bln terminal

In a clash that has ignited legal flames in the heart of Louisiana, the St. Bernard Parish District Attorney’s Office has filed a lawsuit against the Port of New Orleans to halt the construction of a proposed $1.8 billion container terminal, the Louisiana International Terminal, in the Violet area.

about 3 years ago
European Energy inks biogenic CO2 purchase deal for e-methanol production
Business Developments & Projects

European Energy inks biogenic CO2 purchase deal for e-methanol production

EE North America (EENA), a subsidiary of Denmark-based European Energy, has signed a Letter of Intent (LOI) with Pennsylvania-based Montauk Renewables to purchase biogenically produced CO2 for the production of e-methanol which will be used as a marine fuel. The strategic agreement will grant EENA t

about 3 years ago
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